Page 4 - Stop Banking News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ceo of goldman sachs. lloyd, i want to understand what the future of banking looks like, what the business model as it were, if the federal government is going to insure all deposits, in a sense, the whole business of banking used to be that you've managed the fact that you're taking short term money and you're loaning it out at a long term -- you have long term investments and if the federal government is going to guarantee you against any miscalculation, what is the model of banking? has it become a utility, a highly regulated utility for everyone? >> well, i don't think there's anything to ...

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